According to a 2015 Oracle survey of CFOs, the need for cloud-based performance management solutions continues to grow. Sixty-five percent of the finance executives surveyed listed the primary motivation for choosing a cloud-based EPM solution was to get up and running quickly. Fifty-three percent respondents said their primary motivation was to avoid large upfront investments […]
Posts Tagged ‘Hyperion’
CFO Magazine, Gartner Agree on Cloud EPM Value
“The CPM suite market is shifting toward cloud-based solutions that deliver a shorter time to value and improved ease of use.” – Gartner If there’s any doubt that corporate performance management (AKA enterprise performance management, or EPM) has a future in the cloud, think again. Most of the buzz from industry and corporate events has […]
Why Oracle DRM is Essential for Managing Master Data (Part 1)
At a recent user conference, I was asked, “why do I need DRM in my organization?” A very interesting question with both a short and long answer. Let’s cover the short answer first… DRM (Data Relationship Management) provides organizations the ability to centralize the governance of enterprise dimensional master data while ensuring the data is […]
A Modern Approach to Financial Reports Reconciliation
Gone are the days when several spreadsheets, pen and paper, and calculators are needed to reconcile financial reports. A common challenge in financial reporting is validating that what gets reported on executive dashboards matches with more detailed financial statements and transaction level reporting. What aggravates this endeavor is the fact that executive level dashboards are […]
Performance vs Set DATAEXPORTOPTIONS in ESSBASE
Many of us may have used SET DATAEXPORTOPTIONS. But I noticed that there are some glitches in that command usage that is not documented explicitly. It can cause a “LOT” of trouble with respect to performance. I spent few hours on this and thought will share it with you all to save some time. However, […]
Perficient & CPI Card Group: An Oracle OpenWorld BICS Case Study
Interested to get a closer look at how quick-to-deploy and scale-able Oracle BI Cloud Service is? Meet us at Oracle Open World on Oct 29th, for a best practices and case study of CPI Card Group, a leading provider in payment card production and services. Tyler Wilson of CPI Card Group will join me in telling […]
Hyperion Planning Runtime Prompt Security
Hyperion Planning Runtime Prompt Security Situation As many of you know, one of the benefits of using a business rule over a calculation script is their ability to utilize run time prompts. Run time prompts allow the business rule to be dynamically customized to the point of view (POV) the user is currently working with. […]
3 Must-See Gems of Information on Oracle Hyperion EPM
While poking around the infoverse early this AM, I came across several little gems of information for Oracle EPM folks that you may be interested in. The Oracle Learning Library is pretty vast. One recent addition is a video titled, “Exporting Financial Management Data into Essbase Using Data Management.” Here’s a URL that “shortcuts” to […]
Top 5 Reasons to Consider an Upgrade to Hyperion Version 11.1.2.4
Whether it’s internal changes based on re-organization or business lines, or external requirements including new regulations, corporate finance teams need robust solutions that delivering information more quickly and accurately than ever. Employing up-to-date applications, including cloud-based solutions, can be the most effective way for companies to leverage functionality that meets the latest financial reporting challenges. […]
Sneak Preview: Financial Consolidation Cloud Service
If you’ve attended a recent Oracle EPM conference, you are likely aware that Oracle Planning and Budgeting Cloud Service (PBCS) has been the most successful cloud launch in Oracle’s history. That success has been fueled by many factors, including perceived difficulties with the predecessor to PBCS, Hyperion Planning. As of this writing, Oracle claims over […]
Essbase Calc Syntax to SQL Comparison
Many folks have a bit of trouble getting their arms around the Essbase Block Storage Calculation Script syntax – especially if they have spent time previously working in relational databases. Essbase BSO calculation syntax looks nothing like structured query language. In the Essbase Bootcamp and the Essbase Calculations for Block Storage Databases classes, I will […]
The Future of Cloud Services with Hyperion Financial Management
When will we see a significant footprint established by Oracle in the Production-Server hosting realm for Cloud Services? Not anytime soon. However, Oracle, albeit recently, has realized the potential of an almost non-existent market in the Cloud Services division. The integration of Hyperion Financial Management on Cloud Services has the potential to become the next […]